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20121202
20121210
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states navy says it's not one of our drones. iran's revolutionary guard says it has captured one of our prized pieces of intelligence, something called a scan eagle. iran says it was brought down by anti-aircraft squads in iranian air space. there's no visible damage in the pictures that aired today on iranian tv, and, again, the u.s. navy, which patrols the persian gulf constantly, says all ever its drones are currently accounted for. it also says its drones stay in international air space. joining me now with his insights and expertise is jim walsh. jim, first and foremost, look, it may very well be someone else's drone. i'll get to that in a moment. but when we say we only patrol in international air space, do we really only patrol in international air space? >> well, the first thing to know about that ashleigh, is international air space is highly contested. different countries draw the maps in different ways. and so you can be in a spot in the air where one country claims it's in international air space and another country claims it's in their national air space. it's sort of a fud
.5 million. we've good an admiral for almost every ship in the navy right now. we've had this crete in terms of rank. there's all sorts of money to be saved in the pentagon that will have no effect whatsoever on our defensive posture or our capability. >> but steve, i'm curious, though. what is the difference, in your opinion, between raising the top marginal rate and closing some loopholes? if you get $1.2 trillion in revenue, why does it matter so much more to the president that you do it by raising the top rate when the super wealthy, as we've described on the show, aren't going to be paying higher taxes? >> the issue is, joe, it's a question of whether it's going to be $800 billion or $1.2 trillion or somewhere in between. if the number ends up being $1.2 trillion, and we'll see where it comes out, it's hard to do it just with deductions. you end up limiting deductions so much that you cut into charities. you cut into state and local governments. you cut into a whole bunch of home mortgage. >> what about the buffett proposal? >> the buffett proposal is a great idea. the buffett proposal
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